Thursday, September 1, 2011

ILLEGAL MERGER?: AT&T and T-Mobile USA

The Antitrust Division of the United States Department of Justice has filed a civil lawsuit to block the proposed $29 billion acquisition (takeover or merger) by AT&T of T-Mobile USA.

The Government states that the combination of the second (AT&T) and fourth (T-Mobile USA) largest cellphone companies in the U.S. would harm competition and probably raise prices for consumers.  We agree.

No comments:

Post a Comment